22.02.2010 - Russia is ready to adopt standards for the activities of Islamic financial institutions

From Cnobbi.com: Representative in Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) said that Russia is considering the adoption of its standards, said Islamic-finance.
The head of JP Morgan in Islamic structuring Safdar Alam said that Kazakhstan will be a leading player in the field of Islamic banking in part because the region is a strong financial player........................Full Article: Source